building for sale Nîmes, Gard

€ 620.000 650 000 €

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Near Nîmes - Southern Cévennes Notre Dame de la Rouvière (please use the form to respond ) Val d'Aigoual, a small Cévennes village perched at 400m altitude on a promontory overlooking the Hérault valley Located 1 hour 30 minutes from Montpellier/Nîmes Airport, 10 minutes from Ganges/Le Vigan, and 20 minutes from the slopes of Mont Aigoual IDEAL FOR PROPERTY DEALERS/INVESTORS/DEVELOPERS OF TOURIST RESIDENCES for holiday or year-round rentals/Retirement homes/Apartment hotels The calm and exceptional panorama of the place inspire relaxation and the discovery of these green landscapes where the fauna and flora enjoy a microclimate. This property complex, which requires secondary renovation, has a total built area of 2,200 m2 spread over 3 levels and is served by an elevator. *A building permit application, clear of all appeals, for the conversion into 19 apartments and 400 m2 of commercial space on the ground floor. ENEDIS quote signed for 22 meters. *A ground floor of approximately 400 m2 suitable for reception and retail or restaurant use, with the possibility of a 200 m2 panoramic terrace. Heating via reversible air conditioning. *The floors served by the elevator are residential, comprising 19 apartments with a total living area of 1,700 m2. Each apartment benefits from a private outdoor space, either a terrace or a small garden. The heating and hot water system is communal for all apartments and supplied by the latest generation of air-to-water heat pumps (installed less than 2 years ago). Energy Performance Certificate (EPC) rating: B/A Estimated construction budget: approximately 800,000 euros *The potential profitability of reselling the property piecemeal after renovation is 50% *The potential profitability of monthly rentals of the units after renovations is a minimum of 12% The selling price of the entire property, including the ground floor, before renovations, is 650,000 Euros excluding VAT. Resale price of the 19 apartments excluding the ground floor: 1,842,500 euros Ground floor value (400 m2) in its current state: 240,000 euros Total resale price after renovations: 2,082,500 euros File available upon request

property description

Franimo nr:	#7289850
reference:	V2660099359
region:	Gard
close to:	Nîmes
property type:	building
rooms:	63
bedrooms:	not specified
surface:	2300 m2
plot surface:	- m2
price:	€ 620.000

energy consumption

≤ 70A
70 - 110B	88
110 - 180C
180 - 250D
250 - 330E
330 - 420F
420G

gas emissions

≤ 5A	2
6 - 10B
11 - 20C
21 - 35D
36 - 55E
56 - 80F
> 80G

seller

Comptoir Immobilier de France

real estate agent:	Comptoir Immobilier de France
name:	Marina Gemelgo
address:	Rue du Puech 176 30310 Vergeze France
speaks:	English, French

more information about real estate agency Comptoir Immobilier de France

estimated costs of this property Nîmes (Gard)

This is just an example or indication, no rights can be derived from this information.To get the actual costs of this French property please fill out the form above.
Notary fees and taxes At current selling price/ paid only once.	€ 44.150
calculate the notary fees
Property tax	€ 8.657
Housing tax Estimated	Estimated between € 1.240 and € 3.100
Insurance	From 165 euro a year
Energy, depends on your consumption. A subscription for 3KW at the EDF is about 70 € a year, in addition you pay the costs of use.
Water, depends on your consumption and can differ per municipality (ask at the municipality).
Sewerage, depends on your water consumption and can differ per municipality (ask at the municipality). If there is no sewerage system available, check whether the current septic tank is up to standard. If not, it has to be replaced. For the placement of a new septic tank, count around 7,000 and 11,000 euros. More information about the septic tank can be found here (in French).
Heating, depends on your consumption and method of heating (wood, oil, electric, etc.).